>>
Home / Knowledge / News / Textiles / China to nearly double cotton import quota

China to nearly double cotton import quota

09
Dec '09
According to the American Cotton Shippers Association, China will increase cotton imports by one million tons, which will take the annual tariff quotas to nearly 1.9 million tons. This is being done in order to stabilize the rising trend in domestic prices.

According to news emanating from Beijing, China will announce an increase of 1 million tons of cotton import quotas with sliding-scale duties, which are expected to be allocated in December, earlier than in previous years.

Analysts say that China's increase of import quotas will be conducive to world cotton trade. The proposed exports would add 4.6 million bales to the exports of 8.5 million bales projected by the USDA last month for a total of 13.10 million bales.

If fully realized, these import quotas will allow China to import 35,000 bales per day, or 250,000 bales per week, which is a sizeable amount.

Fibre2fashion News Desk


Must ReadView All

Pic: Roman Romaniuk | Dreamstime.com

Textiles | On 7th Dec 2021

Euro area, EU see expansion in volume of retail trade in October

In October 2021, the seasonally adjusted volume of retail trade...

Pic: Enanuchit | Dreamstime.com

Textiles | On 7th Dec 2021

Transport bodies caution govts against ‘knee-jerk’ reaction to Omicron

World leaders’ knee-jerk reactions to the Omicron variant are putting ...

Pic: Antonio Guillem | Dreamstime.com

Retail | On 7th Dec 2021

US holiday shopping could beat forecast despite inflation, COVID: NRF

The 2021 holiday season appears to be on track to exceed the National ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

J Vargas,

J Vargas

With a vision to be the world's top tier textile manufacturer, Badjatex...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search